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8-Unit Apartment Building
For Sale
$150,000

5261 E Seneca St, Vernon, NY 13476

Multifamily property with a varied unit mix and substantial renovation needs across occupied and vacant apartments.

Property Size4,312 SF
Price / SF$34.79
Days on Market9

Property Features for 5261 E Seneca St

General Information

Standard status Active
Size 4,312 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence full renovation

Units

Unit Mix 2 x 2BR/1BA, 4 x 1BR/1BA, 2 x studio
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $3,800
Listing Agency: New Scotland Realty
Listed By: Samantha M Curry · License #10491209794
Source: Exprealty
Added: Aug 25 Changed: Sep 1 Last Checked: Sep 1 at 9:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Scotland Realty

Investment Insights

Based on property information with market context.

This 4,312-square-foot apartment property contains eight units in a mix of studios, one-bedroom apartments, and two-bedroom apartments. The building is offered as-is and requires a substantial renovation, with three apartments occupied and five currently vacant.

The unit configuration includes two two-bedroom, one-bath apartments, four one-bedroom, one-bath apartments, and two studio units. The property is located at 5261 E Seneca St in Vernon, NY, approximately 7 minutes from Turning Stone Resort Casino and 9 minutes from Vernon Downs Racino, with shopping, dining, and major roadways also identified in the surrounding area.

Key Highlights

  • Eight‑unit apartment property totaling 4,312 square feet
  • Unit mix includes two 2‑bedroom/1‑bath, four 1‑bedroom/1‑bath, and two studio units
  • Three units occupied; five units vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Dental Office Building Supply HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 13476, NY

3,092
Population
1,307
Households
2.4
Avg Household Size
42
Median Age
18%
College-Educated
88%
High-School Grad
22.9 sq mi
ZIP Area
135
Density / Sq Mi
$63,480
Median Household Income
$47,935
Median Earnings
$909
Median Rent
$177,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with a varied unit mix and substantial renovation needs across occupied and vacant apartments.
Where is this apartment building located?
The property is located at 5261 E Seneca St Vernon, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Eight‑unit apartment property totaling 4,312 square feet; Unit mix includes two 2‑bedroom/1‑bath, four 1‑bedroom/1‑bath, and two studio units; Three units occupied; five units vacant
More about this property
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